Life insurance industry bucks recent slump; registers 21% growth in February, 2021
The life insurance industry has registered a powerful New Enterprise Premium (NBP) progress of 21% in February, 2021, bucking its Read more
life insurance industry
Saral set to heat up term insurance mkt
The term protection market in the life insurance industry is set to heat up with insurers readying to launch Saral Read more
Life insurance sector sees 7% rise in premium
Life insurance industry saw its annualised premium equivalent (APE) at 7% year-on-year for the first six months of the current Read more
CUSTOMER RETENTION MARKETING OF LIFE INSURANCE INDUSTRY
ABSTRACT Presently, marketers consider retaining of customers as a much more challenging job than acquiring customers in the context of Read more
FUTURE LOOKS PROMISING FOR THE LIFE INSURANCE INDUSTRY
Life Insurance is one of the sectors which have an adequate growth potential. It is the only financial asset which Read more
Asia-Pacific Insurance Market Outlook to 2016 – Growth Opportunity in India & China
EXECUTIVE SUMMARY
The report titled “Asia-Pacific Insurance Market Outlook to 2016 – Growth Opportunity in India and China” provides a comprehensive analysis of market size of the insurance industry on the basis of countries such as Japan, China, South Korea, Taiwan, India and Australia, market segmentation of life and non life insurance industry. The report also entails the value chain of Asia-Pacific insurance market. The report also provides competitive landscape and profile of major players operating in the insurance industry.
Life insurance industry’s profit doubles to Rs 5,974 cr
Even as premium income fell, the life insurance industry’s net profit more than doubled during 2011-12, at Rs 5,974 crore, against Rs 2,657 crore the previous year. Of the 24 life insurers in business during the last financial year, 14 reported profits, according to the Insurance Regulatory and Development Authority’s annual report for 2011-12. Read more
Life Insurance Companys record of paying claims better than pvt insurers: IRDA
Life Insurance Company has better record of paying death claims than that of private life insurers, said regulator IRDA in its latest report.
“The claim settlement ratio of LIC appeared to be better than that of the private life insurers”, said Insurance Regulatory and Development Authority (IRDA) in its annual report 2011-12. Read more
Life Insurance Marketing in Rural Segment
With a network of 2048 fully computerized branch offices LIC is taking continuous effort to spread the awareness of life insurance into the rural masses especially in the backward and remote areas and this endeavour has resulted in a steady all round growth in the life insurance industry. Read more